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Banks buoyant in surging Dominican Republic, with consolidation and new entrants attracted playing a major part

The rapid growth of the Dominican Republic economy in recent years has led to strong credit growth, changing market dynamics, and is attracting new entrants.The IMF predicts a 5% increase in GDP this year, slightly down from 2018’s 7.0%, but still leading the region.If next year’s forecast of a further 5% materializes – and with a presidential election, there is risk of volatility – it would see...

Fun facts about the Dominican Republic that we bet you never knew

The DR delights visitors with its mix of white-sand beaches and "gingerbread" Victorian architecture. Nine hundred miles of Caribbean coastline make the Hispaniola Island country a beach-lover’s paradise. Day-trip to Puerto Plata and ride the cable car up Mount Isabel de Torres, or groove to the steel drum beats of Cabarete nightlife. The breezy palms and sparkling waters of Punta Cana make it a true...

The DR’s housing market shows a robust first quarter with no signs of slowing.

The Dominican Republic Housing Market Vs. The Pandemic Interest in Dominican Republic’s property market is rising fast again, following a temporary slowdown due to pandemic-related travel bans. What I’m hearing now is an uptick in inquiries about the second home market,” said Anders Bogebjerg, owner of local real estate firm Group Palmera. “Interest really hasn’t slowed down with COVID. A...

We love Punta Cana, but what about the rest of the Dominican Republic?

Santo Domingo, the capital of the Dominican Republic and a UNESCO world heritage site, is the oldest continuously inhabited European settlement in the Americas and one of the most populous cities in the Caribbean. Once known as Santo Domingo de Guzmán, is the capital and largest city of the Dominican Republic and the largest metropolitan area in the Caribbean by population. As of 2010, the city had a...

The Food In Punta Cana is Amazing, But The Seafood, Oh The Seafood!

Punta Cana is an internationally famous destination and a must-see location for those who are looking to escape their usual routine in search of a haven of peace and quiet where they can recharge their batteries and get some much-needed rest, discovering unimaginable attractions and practicing countless different water sports. But this Dominican region is much more than just that, thanks to its exotic,...

Dominican Republic ’s Housing Market Remains Robust Despite Pandemic

Interest in Dominican Republic’s property market is rising fast again, following a temporary slowdown due to pandemic-related travel bans. what I’m hearing now is an uptick in inquiries about the second home market,” said Anders Bogebjerg, owner of local real estate firm Group Palmera. “Interest really hasn’t slowed down with COVID. A lot of people are asking, especially from New York Area...

What To Expect When You Travel: 3 Tips For Travelling To Punta Cana

Punta Cana is a dreamy place. It’s the favorite destination of many couples who are looking to spend their holidays enjoying intimacy, escape, and leisure in a paradisiacal environment. Although it seems like you wouldn’t need very much luggage in an environment like this, we recommend that you organize certain preparations and include specific items in your suitcase in order to make your holidays...

Caribbean Real Estate: The Best Option To Invest

Caribbean real estate is an excellent option for profitable investments or a well-deserved retirement in the Dominican Republic. Nowadays, more people want to settle in this tropical paradise. Caribbean real estate: an irresistible luxury Dream beaches, good weather, advanced infrastructure and a peaceful environment are more than enough reasons to buy your house in the Caribbean. This region is under...

Punta Cana: Is Truly A Paradise In The Caribbean

You may have heard that Punta Cana is in the Caribbean, but do you know its exact location? Here we will tell you more about this place. Where is Punta Cana located? Punta Cana is a town in the Dominican Republic. This Caribbean country is near Cuba and Puerto Rico. It also shares its island (Hispaniola) with Haiti.  The Dominican Republic is the second largest country in the Antilles, its capital city...

Is Punta Cana Safe? What Travelers Need to Know

Is Punta Cana safe? This question haunts the minds of many planning to buy Caribbean real estate. Punta Cana: a safe paradise It is important to consider that since Punta Cana is an important tourist destination, the safety of its inhabitants and visitors is a priority. In fact, we want to highlight three main reasons why Punta Cana is safe. Economic development: Unlike other South American...

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